Kayne Anderson BDC, Inc. announced the promotion of Frank Karl to President and the appointment of Andy Wedderburn-Maxwell as Senior Vice President. Frank Karl joined Kayne Anderson Capital Advisors, L.P. (?Kayne Anderson?), in 2013 and previously served as Senior Vice President of the Company since 2023. He has been a Managing Director at Kayne Anderson since 2021 and has been focused on Kayne Anderson?s private credit strategies during his entire tenure at the firm.

Andy Wedderburn-Maxwell joined Kayne Anderson in April 2025 as Managing Director, BDCs. Andy has over 15 years of investment banking experience, having held senior roles at firms including Citigroup and Wells Fargo, where he served as a Managing Director focused on financial institutions. Prior to joining Kayne Anderson, Andy transitioned to the asset management side in 2023, where he contributed to the development and public listing of a BDC at another investment management firm.